Back to the Future : Fiscal Rules for Regaining Sustainability /

This paper assesses the cyclicality and sustainability of fiscal policy in Belize and applies a stochastic simulation model to determine the optimal set of fiscal rules. The empirical analysis shows that fiscal policy in Belize has been significantly procyclical and unsustainable much of the period...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Cevik, Serhan
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2019.
سلاسل:IMF Working Papers; Working Paper ; No. 2019/242
الوصول للمادة أونلاين:Full text available on IMF